HKG:8502 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	134.16	225.92	299.27	253.47	231.15	122.52
Short-Term Investments	259.39	167.5	8.86	37.47	0.44	3.03
Cash & Short-Term Investments	393.55	393.42	308.13	290.93	231.59	125.56
Cash Growth	15.58%	27.68%	5.91%	25.62%	84.45%	32.15%
Accounts Receivable	7.12	7.87	4.56	5.16	4.43	1.1
Other Receivables	-	1.73	3.54	3.08	4.62	16.26
Receivables	7.12	9.6	8.1	8.24	9.05	17.36
Inventory	2.52	2.64	2.64	2.06	1.68	1.79
Other Current Assets	7.03	-	-	-	-	-
Total Current Assets	410.22	405.66	318.87	301.24	242.32	144.7
Property, Plant & Equipment	371.91	380.98	400.31	417.37	426.37	426.46
Long-Term Investments	36.48	29.69	19.98	17.84	4.57	4.5
Long-Term Deferred Tax Assets	-	-	-	-	-	0.17
Other Long-Term Assets	108.09	92.3	93.15	76.71	75.21	74.34
Total Assets	926.71	908.63	832.3	813.16	748.46	650.18
Accounts Payable	6.77	5.41	6.64	9.25	8.61	7.95
Accrued Expenses	-	32.57	28.23	23.1	19.55	14.56
Current Portion of Leases	0.55	0.55	0.5	0.5	0.43	0.42
Current Income Taxes Payable	5.21	3.56	2.86	9.19	6.32	3.01
Current Unearned Revenue	15.78	25.63	41.53	42.6	48.69	46.24
Other Current Liabilities	103.91	75.96	69.19	66.36	69.45	61.67
Total Current Liabilities	132.21	143.68	148.95	151	153.06	133.83
Long-Term Leases	0.29	0.58	1.09	-	0.45	0.91
Long-Term Unearned Revenue	29.41	29.86	30.75	31.64	32.53	33.42
Long-Term Deferred Tax Liabilities	8.08	5.79	5.28	4.55	6.34	4.48
Total Liabilities	169.99	179.91	186.07	187.19	192.38	172.65
Common Stock	6.76	6.76	6.76	6.76	6.76	6.76
Additional Paid-In Capital	6.46	6.46	6.46	50.28	50.28	50.28
Retained Earnings	368	351.43	287.64	230.25	167.58	111.81
Comprehensive Income & Other	187.93	187.43	185.8	184.74	184.57	183.08
Total Common Equity	569.15	552.08	486.66	472.02	409.18	351.93
Minority Interest	187.58	176.65	159.58	153.95	146.9	125.6
Shareholders' Equity	756.72	728.73	646.24	625.97	556.08	477.53
Total Liabilities & Equity	926.71	908.63	832.3	813.16	748.46	650.18
Total Debt	0.83	1.13	1.59	0.5	0.88	1.32
Net Cash (Debt)	392.72	392.3	306.54	290.44	230.71	124.23
Net Cash Growth	15.80%	27.98%	5.54%	25.89%	85.71%	105.66%
Net Cash Per Share	0.49	0.49	0.38	0.36	0.29	0.16
Filing Date Shares Outstanding	800	800	800	800	800	800
Total Common Shares Outstanding	800	800	800	800	800	800
Working Capital	278.01	261.98	169.92	150.24	89.26	10.87
Book Value Per Share	0.71	0.69	0.61	0.59	0.51	0.44
Tangible Book Value	569.15	552.08	486.66	472.02	409.18	351.93
Tangible Book Value Per Share	0.71	0.69	0.61	0.59	0.51	0.44
Buildings	-	20.54	17.59	17.59	17.59	17.52
Machinery	-	141.27	138.69	141.3	133.44	132.8
Construction In Progress	-	5.21	11.88	7.77	2.23	4.8
Leasehold Improvements	-	4.14	4.14	4.14	4.14	4.14

Source: S&P Global Market Intelligence. Standard template. Financial Sources.